Western Digital Corporation (WDC)
Quick ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 2,114,000 | 3,477,000 | 2,291,000 | 1,705,000 | 1,879,000 | 1,894,000 | 2,481,000 | 2,032,000 | 2,023,000 | 2,220,000 | 1,871,000 | 2,049,000 | 2,327,000 | 2,505,000 | 2,531,000 | 3,290,000 | 3,370,000 | 2,734,000 | 2,956,000 | 2,995,000 |
| Short-term investments | US$ in thousands | — | 1,412,000 | — | — | — | — | — | — | — | — | — | — | 3,000 | — | — | 1,646,000 | 1,586,000 | 1,694,000 | 1,858,000 | 1,746,000 |
| Receivables | US$ in thousands | 1,840,000 | 1,469,000 | 2,597,000 | 2,458,000 | 2,166,000 | 1,800,000 | 1,523,000 | 1,451,000 | 1,598,000 | 1,591,000 | 1,905,000 | 2,422,000 | 2,804,000 | 2,353,000 | 2,743,000 | 2,446,000 | 2,257,000 | 1,905,000 | 1,833,000 | 2,097,000 |
| Total current liabilities | US$ in thousands | 5,418,000 | 5,182,000 | 4,706,000 | 6,091,000 | 6,087,000 | 4,053,000 | 4,693,000 | 5,792,000 | 5,434,000 | 5,261,000 | 4,382,000 | 4,966,000 | 4,557,000 | 4,397,000 | 4,929,000 | 4,709,000 | 4,870,000 | 4,501,000 | 4,526,000 | 4,429,000 |
| Quick ratio | 0.73 | 1.23 | 1.04 | 0.68 | 0.66 | 0.91 | 0.85 | 0.60 | 0.67 | 0.72 | 0.86 | 0.90 | 1.13 | 1.10 | 1.07 | 1.57 | 1.48 | 1.41 | 1.47 | 1.54 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,114,000K
+ $—K
+ $1,840,000K)
÷ $5,418,000K
= 0.73
The analysis of Western Digital Corporation’s quick ratio over the period from September 2020 to June 2025 reveals notable fluctuations in liquidity positioning. Initially, the quick ratio was relatively high at 1.54 as of September 30, 2020, indicating a comfortable capacity to cover short-term liabilities with liquid assets. This ratio experienced a gradual decline over subsequent periods, reaching a low of 0.60 by September 30, 2023, which suggests diminishing liquidity and potential increased difficulty in meeting short-term obligations solely with liquid assets during this timeframe.
Between late 2023 and early 2024, there was a modest recovery in the quick ratio, rising to 0.91 by March 2024 and further reaching 1.04 by December 2024. This upward trend signifies an improvement in liquidity, possibly due to increased liquid assets or reduction in current liabilities. However, overall, the ratio remained below the 1.0 threshold through most of the analyzed period, reflecting a potential reliance on less liquid current assets or a strategic shift in liquidity management.
In the latest reported periods, the quick ratio continued to hover around the mid to high 0.60s, with a slight increase to 0.66 in June 2025. While this indicates some stabilization, the ratio still fell short of indicating a robust liquidity cushion. The overall trend suggests that Western Digital Corporation experienced challenges in maintaining its liquidity position in the short term during this period, with periods of recovery but generally low to moderate immediate liquidity.
Peer comparison
Jun 30, 2025